The price of bitcoin rose to its highest level in nearly a month today (Jan. 12) as investors anticipated a slowdown in U.S. inflation and braced for news that lawyers for the bankrupt cryptocurrency exchange FTX are uncovering billions of dollars in assets, creating hope for FTX users. According to CoinMetrics, the price of Bitcoin …
Bitcoin rises above $18,000 after FTX lawyers find $5 billion in assets Read More »
The CEO of Binance, the world’s largest cryptocurrency trading platform, said Binance plans to hire an additional 15-30% of employees in 2023, unlike other crypto companies that have experienced mass layoffs due to the crypto price drop. At the Crypto Finance Conference held in Switzerland on Wednesday (Jan. 11), the company’s headcount increased from 3,000 …
Binance to hire more employees this year while rivals in crypto industry lay off workers Read More »
Bitcoin rose above $18,000 yesterday for the first time since November 10, rallying in line with Wall Street. While markets kept an eye on the Federal Reserve (Fed) monetary policy meeting. Bitcoin price rose 2.18% to $18,136.40 before gradually retreating and is now hovering around $17,825.17. The Dow jumped more than 200 points yesterday, responding …
Bitcoin follows U.S. stock markets and rises above $18,000 Read More »
Bitcoin rose above $17,700 yesterday and recovered after the release of the Consumer Price Index (CPI), which was lower than expected. This could be a factor that encourages the U.S. Federal Reserve (Fed) to slow down the rate hike. This morning, the bitcoin price was $17,784.72, up 3.38%. The Dow Jones Industrial rose 555 points …
Bitcoin rises above $17,700 on lower-than-expected U.S. CPI numbers Read More »
Bitcoin plunges near $16,000 after BlockFi files for bankruptcy. During the day, the price of Bitcoin fell 1.39% to $16,219.68. Bitcoin surpassed $69,000 in November 2021, the highest level in history, before falling below $20,000 in June 2022. The founder of Mobius Capital Partners says that bitcoin will continue its downward trend. It will reach …
Bitcoin plunges near $16,000 after BlockFi declares bankruptcy Read More »
Bitcoin falls below $16,000 while other cryptocurrencies also plummet due to the bankruptcy of FTX, the world’s second largest cryptocurrency trading platform. This morning, the bitcoin price fell 2.96% to $15,856.23. The crypto market remains under pressure two weeks after the collapse of FTX, with the market capitalization of cryptocurrencies falling by over $260 billion. …
Bitcoin drops $16,000 amid FTX domino effect fears Read More »
Multicoin Capital, a U.S.-based cryptocurrency company, sent a letter to investors on Thursday (Nov. 17) that FTX’s bankruptcy and the slump in crypto prices have reduced Multicoin’s capital. This month, Multicoin’s capital has dropped by 55%. Multicoin explains that while there is a possibility that the company will get some money back from FTX. But …
Multicoin predicts more crypto firms to collapse after FTX bankruptcy Read More »
Bitcoin rises above $17,000, while other cryptocurrencies also rebound after lower-than-expected inflation numbers in the US. This could be a factor that leads the Federal Reserve (Fed) to slow down rate hikes. This morning, the Bitcoin price rose 6.88% to $17,275.40. Investors expect the Fed to raise interest rates by just 0.50% at its December …
Bitcoin continues to fall. It most recently fell below the $17,000 mark, while other cryptocurrencies are also plummeting with concerns over the liquidity crisis at FTX, a trading platform for cryptocurrencies, In the morning of today, the bitcoin price fell by 12.19% to $16,191.05. According to Coinmarketcap, the market capitalization of cryptocurrencies dropped by more …
The price of Bitcoin and Ethereum fell today after Binance, the world’s largest cryptocurrency trading firm, acquired cryptocurrency trading platform FTX. The move reflects the turmoil that has occurred in the digital asset industry. The price of Bitcoin, the largest cryptocurrency by market capitalization, fell 3.8% today (Nov. 9) after falling nearly 10% yesterday, with …
Bitcoin continues to fall – investors are concerned about Binance-FTX acquisition Read More »